DOF Installer Sells Offshore Vessel

DOF Subsea AS subsidiary, DOF Installer ASA, reported the sale of one of its three sister ships, an anchor handling tug supply (AHTS) vessel, to an international buyer.

According to the company, the sale will release approximately $1.7 million for the DOF Group after redemption of debt.

Delivery to the new owners is expected late 2014.

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